Now different options are available
I-FEE:
(Fee payment through Institution’s website) Institution can offer Fed net as payment option at their website. Students / parents can utilize this facility for paying school fee from home.
F-FEE :
( Fee payment through Fednet, Bank’s Internet Banking Site) If institution doesn’t have their own website, they can provide fee details to the Bank. This information will be uploaded to our website and parents/students those having account with us can use this facility for their fee payment
U-FEE:
(Fee payment through Uploads) Parents / Students doesn’t having Internet facility at their home can choose this option for Fee payment. They can give a mandate in favor of the Institution. Institution can then collect the fees straight from the parent/student’s account in one go, by giving suitable instructions to the bank.
E-Fee:
Interested institutions can get in touch with their nearest branch for details or write to marketing@federalbank.co.in